AFFORDABLE HEALTH CARE Essay Example | Topics and Well Written Essays - 500 words

AFFORDABLE HEALTH CARE - Essay Example Thinking of the possible strategies and reforms to mitigate the problem, I came up with the accurate suggestions and critical thoughts on Medicare, which I would share within the following reflection. As it has been mentioned in the case, the Rosalyns preexisting condition of ulcer restrained her from receiving due to the few compounding circumstances: first, she was divorced, second, her annual salary at the gift-wrapping company of $19,000 was insufficient to cover medical care and the employee did not provided any sort of medical coverage for her, the last, but not the least, a â€Å"relatively innocent† disorder, an ulcer, made so far expensive medical insurance to cost like a sort of luxury. Obviously, if Rosalyn was not rejected at first, her cancer would not metastasized into womans hips and she would not break her fragile hip bone. The woman died a decade after her surgeries. In the aftermath of Rosalyns case, it may seem that costly medical advantages seem to be a kind of unattainable service even for those, who are, like, Rosalyn, in desperate need for emergent medical assistance. It is impossibly cruel to make someone suffer, witness how their health state progressively deteriorate. What make things feel even worse, is that getting sick for average middle-aged employed American citizen is a sort of fatal disaster. Rosalyns case seems to be outrageous, if observed through the lens of distributive justice theory. That concept is related to the fair distribution of existent resources amidst diverse members of the society. That justice is grounded on the total amount of goods to be allocated, the procedure and distributive pattern. In the health care settings, like in any other field, distributive justice is expected to work for the good of patients. Allocation of medical services, thereof, should be based on the criteria of need, equity and equality. Currently, the United States of America maintains a patchwork system of five

Financial Analysis of Capital Structure Term Paper

Financial Analysis of Capital Structure - Term Paper Example The decision regarding finding the optimum mix of equity and debt capital depends on capital spending, expected returns, optimum levels of debt, liquidity, cash levels, interest rates and risks, and dividend policy (Mallicoat, 2011). The following is a snapshot of the possible Capital Structures that Competition Bikes Inc. could acquire while expanding to Canada. The following were the alternatives available while choosing the right Capital Structure mix: 1. Capital Structure consisting only of bonds 2. A capital structure consisting of only stocks, with 50% preferred and 50% Common Stock 3. With 20% bonds and 80% common stock 4. Capital Structure consisting of bonds of 40% and Common Stock 60% EPS (Earning Per Share) is the portion of company’s profit that is allocated to each share of the common stock. It is the most important measure or figure for any shareholder. However, we would analyze the capital structure not only according to the EPS but also analyze the risk inheren t in the capital structure. The first alternative of the capital structure comprising only of bonds would allow the company to borrow capital at an interest rate that is lower than the interest rate for other types of borrowing. Bonds are written promises to pay back specific amount at a certain date and some interest payments at specific rates. They are pretty similar to the conventional loans with a few perks. Debt financing is favorable than equity financing as interest expense is tax deductible. However, one problem with this form of capital structure is that it is more risky as corporations are required to make interest payment even when they are not making profits making them vulnerable to bankruptcy and solvency (Brown, 2006). The EPS of this capital structure is also lowest at -0.042 under the current scenario. Hence, having the capital structure completely rely on bonds is a very risky option, specifically for Competition Bikes Inc. when they are expanding and exploring new opportunities. The second alternative is of 50% preferred stock and 50% common stock. Preferred stock offer dividend incentive to the shareholder as they are second in line to be paid after the bond holders when a company is facing a loss making them more risky than the common stock. Common stocks are favorable for companies with good financial health. However, the risk of losing ownership is inherent in common stocks as stock holders have the right to elect the board of directors. Moreover, equity financing is more expensive than debt financing and it is not feasible for a capital structure to be totally based on it (Other ways of raising capital – stocks and bonds, 2011). Therefore, the Capital Structure must include both debt and equity financing. All the third, fourth and fifth alternatives are mix of equity and debt financing. We need to find the right kind of mix between equity and debt. As debt is more risky and equity is more expensive and the objective of the compan y’s capital structure is to maximize shareholder return, we can decide on the basis of Earning per Share (EPS). EPS is the earning of each outstanding share. An important aspect of EPS is the capital required to generate the income used in the calculation of EPS. As all our Capital Structure alternatives use the same amount of capital, we can decide on the basic of the highest value of EPS while keeping the risk factor under check. Since Competition Bikes Inc. is expanding in Canada, they need time before they can start making large

Management in the news Article Example | Topics and Well Written Essays - 250 words

Management in the news - Article Example Mr. Orr was brought in as an emergency manager to control the spending in the city. He was brought into the city after a successful search initiated by the State’s governor. His role was to develop appropriate plans to help address the financial emergency that was declared on Detroit city. He would also be responsible for negotiating labor contracts and sell city assets. On the contrary, some people on the council were against his appointment because he was not elected. 3. I agree with the governor’s move to higher an emergency manager because the city had failed in its mandate. In fact, the manager met the mayor to coordinate and help resolve the resolve the financial issues the city faced. There were also leaders who were optimistic that Orr’s success would mean that everyone succeeded. As a result, Orr resigned as a partner in the law firm he was working to serve as an emergency manager. 4. The outcome of the eventuality led to protests because of the implantation of the emergency laws on Detroit city. Their sentiments were that they did not play a significant role in electing emergency managers as other leaders in their city. It also meant that the manager would sell the city’s assets voluntarily without the people’s consent. Williams, Corey. Kevyn Orr, Detroit Emergency Manager, Extends Olive Branch To City Council. Huffpost Detroit, 25 March 2013. Web. 6 April 2014.